Gold Silver Price: Gold prices fall sharply today, now the price has come down to this much

Gold Silver Price: In Ahmedabad, the price of 24-carat gold fell to ₹121,520 per 10 grams, and the price of 22-carat gold fell to ₹110,490 per 10 grams. Gold prices within the country are influenced by both domestic and global factors.

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Gold Silver Price: After a day of gains, gold prices have fallen again. The price of 24-carat gold in the capital, Delhi, fell to ₹121,620 per 10 grams on the morning of October 31st. Gold prices fell due to a strengthening dollar, following the Federal Reserve’s slowdown in interest rate cuts and easing US-China trade tensions. The US central bank, the Federal Reserve, cut its key interest rate by 0.25 percent. However, Fed Chairman Jerome Powell has indicated that further policy rate easing is unlikely in the near future, citing a lack of new economic data amid the ongoing US government shutdown.

Regarding US-China trade, US President Donald Trump has reduced tariffs on China by 10 percent, bringing the rate down from 57 percent to 47 percent. Trump has stated that the two countries have reached a consensus on several key issues, including trade and rare earth elements. Trump and Chinese President Xi Jinping met in South Korea. Let’s find out the latest gold rates in 10 major cities across the country…

Gold price in Delhi

The price of 24-carat gold in Delhi is ₹121,620 per 10 grams. The price of 22-carat gold is ₹111,490 per 10 grams.

Mumbai, Chennai, and Kolkata

Currently, the price of 22-carat gold in Mumbai, Chennai, and Kolkata is ₹111,340 per 10 grams, while the price of 24-carat gold is ₹121,470 per 10 grams.

Silver price

Like gold, silver prices also fell. On the morning of October 31st, silver reached ₹150,900 per kilogram. In foreign markets, the spot price of silver rose 1.21 percent to $48.14 per ounce.

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